Magellan Energy (Magellan Energy) Inventories, Work In Process : $0.00 Mil (As of . 20)

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What is Magellan Energy Inventories, Work In Process?

Work in process is the part of a manufacturer's inventory that is in the production process and has not yet been completed and transferred to the finished goods inventory. Magellan Energy's work in process for the quarter that ended in . 20 was $0.00 Mil.

Magellan Energy Inventories, Work In Process Historical Data

The historical data trend for Magellan Energy's Inventories, Work In Process can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Magellan Energy Inventories, Work In Process Chart

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Inventories, Work In Process

Magellan Energy Inventories, Work In Process Calculation

That part of a manufacturer's inventory that is in the production process and has not yet been completed and transferred to the finished goods inventory. This account contains the cost of the direct material, direct labor, and factory overhead placed into the products on the factory floor. A manufacturer must disclose in its financial statements the cost of its work-in-process as well as the cost of finished goods and materials on hand.

Magellan Energy (Magellan Energy) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Magellan Energy Ltd (OTCPK:MGLG) » Definitions » Inventories, Work In Process

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Address

1370 Hurontario Street, Mississauga, ON, CAN, L5G 3H4

Website

http://www.magellan-energy.com

Magellan Energy Ltd is an oil and gas exploration company. The Company is engaged in the extraction and production of small to medium-sized oil and gas properties.

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